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Immediate support for the Nifty has now shifted up at 20,500 odd levels, while immediate resistances for the Nifty are seen at 20,743 and 21,193.
The shipping giant A.P. Moller-Maersk A/S reported a slide in profit and revenue for the third quarter, forcing the company to take a defensive position by eliminating upwards of 10,000 jobs
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Shipping costs continue to fall sharply as volumes ease.
Hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Safe Bulkers, Inc. remains a solid company with its sustained viability. Click here to find out why I recommend a buy rating for SB stock.